Go green, innovate in Caricom

“‘We like it so’ – that is their collective cry but we are not in a world-development context which provides us with crumbs of comfort; we are in a world-development context that says to us structurally, your unemployment figures will rise; dreams will be dashed and the employed will not be allowed to sleep,” he said.

Published

13 years ago

March 4, 2012

BusinesSuiteOnline

The future economic growth of the Caribbean lies in green technology and fostering entrepreneurship and innovation, not in Finance, Insurance and Real Estate (FIRE), said senior
research fellow at the Sir Arthur Lewis Institute of Social and Economic Studies,
Dr Don Marshall.

In a frank discourse recently at the Democratic Labour Party’s headquarters in George Street, Belleville, St Michael, Marshall said this was one of the problems with CARICOM.

“One of the signal protocols that CARICOM did not contemplate was industrial deepening. FIRE is where the bulk of money is [currently] made in the Caribbean, [so] the players in that area are
extremely happy with CARICOM. There is no hindrance to their business in that area, so their vision of capital deepening is neither affected nor clogged by this structure of infinite deferral called CARICOM.

“‘We like it so’ – that is their collective cry but we are not in a world-development context which provides us with crumbs of comfort; we are in a world-development context that says to us
structurally, your unemployment figures will rise; dreams will be dashed and the employed will not be allowed to sleep,” he said.

For more go to http://www.nationnews.com/articles/view/go-green-innovate/

John Mahfood “I Listed on the JSE to Raise Capital for My Business”

Published

9 years ago

November 24, 2016

Managing Editor

JSE Online Trading Platform

Published

9 years ago

November 24, 2016

Managing Editor

Grace Stockholders To Vote On 3-for-1 Stock Split Today

Published

9 years ago

July 11, 2016

BusinesSuiteOnline

Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

UK Loses S&P Triple A Rating

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.